Squareyards Logo
Mumbai
Blogs DataIntelligence
New Advertise with us Sell or Rent Property
Login

Property Rates in Matunga East, Mumbai

Comprehensive Market Snapshot

Matunga East's real estate market presents a dynamic picture with an average asking price of ₹49,117 per sq ft and a registration rate of ₹33,445 per sq ft. The rental market shows an average rental rate of ₹149 per sq ft with a rental yield of 3.64%. Price trends indicate a fluctuating pattern over the past few quarters, with notable variations between location and micromarket rates. Apartments are the dominant property type, averaging ₹49,117 per sq ft. The market also sees a mix of Ready To Move, Under Construction, and New Launch properties, each with distinct average pricing.

  • Asking Sale Price₹ 49,117 /sq.ft
  • Govt. Registration Prices₹ 33,445 /sq.ft
  • Average Rental₹ 149 /sq.ft
  • Rental Yield3.64 %
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Recent Transactions
  • Rental Trends
  • Other Property Rates

Insights for Matunga East, Mumbai Real Estate Market

Matunga East's property market is characterized by its current asking price of ₹49,117 per sq ft, supported by a registration rate averaging ₹33,445 per sq ft over the period of May 25 to Apr 26, with 183 transactions totaling ₹600 Cr. Quarterly price trends show a varied trajectory, with location rates fluctuating around ₹49,000 per sq ft and micromarket rates showing significant movement. The rental landscape is active, with an average rental rate of ₹149 per sq ft and a rental yield of 3.64%. Apartments are the primary residential offering, averaging ₹149 per sq ft. The developer ecosystem is led by Rajasthan Construction Pvt Ltd, Goshar Alliance LLP, and Sugee in terms of transactions. Top projects by transactions include Sugee Paavan and Shree Nidhi CHS, while premium listings are topped by Godrej Five Gardens and Rustomjee La Sonrisa.

Market Strengths Market Strengths
  • Matunga East's average asking price of ₹49,117 per sq ft reflects a well-established and desirable market.
  • The registration rate of ₹33,445 per sq ft suggests a significant volume of transactions occurring at a lower price point than asking rates.
  • Apartments, the primary property type, show a positive change of 0.89%, indicating consistent demand.
  • The rental yield of 3.64% provides a stable income stream for investors.
  • A range of property statuses, from Ready To Move to Under Construction and New Launch, caters to diverse buyer preferences and investment timelines.
  • Active transaction volumes in projects like Sugee Paavan and Shree Nidhi CHS highlight buyer confidence.
Market Challenges Market Challenges
  • Price trends show quarterly fluctuations, indicating market volatility that requires careful consideration for investment timing.
  • The average rental rate per sq ft for apartments is ₹149, which, while providing a yield, may represent a moderate return compared to other markets.
Investment Opportunities Investment Opportunities
  • Apartments in Matunga East are priced at an average of ₹49,117 per sq ft, presenting opportunities for capital appreciation.
  • The rental market offers a rental yield of 3.64%, with 1 BHK apartments averaging ₹57,967 per month and 2 BHK apartments at ₹1.22 Lakh per month, indicating steady rental demand.
  • Under Construction properties average ₹46,366 per sq ft, offering potential entry points for investors looking for future growth.
  • New Launch properties are available at ₹38,575 per sq ft, potentially providing early-mover advantages.
Property Valuation

Comprehensive assessment of your property's current worth in the current market
Get Valuation Report

Property Price Trends in Matunga East, Mumbai

Asking Price Trends

The property market in Matunga East has experienced some fluctuations in asking prices over recent quarters. While Mar 2026 forecasts a rate of ₹49,117 per sq ft, Dec 2025 is projected at ₹48,686 per sq ft. Earlier quarters like Sep 2025 saw rates at ₹47,720 per sq ft, and Jun 2025 was at ₹49,946 per sq ft, indicating a dynamic pricing environment.

Quarter City Rate
Mar 2026 49117
Dec 2025 48686
Sep 2025 47720
Jun 2025 49946
Square Yards' Data Intelligence powers real estate with the most comprehensive & accurate authenticated data. See how it can work for your business
Price Trends by Property Type

Apartments are the predominant property type in Matunga East, with an average price of ₹49,117 per sq ft and a recent increase of 0.89%. This segment reflects the primary demand driver in the locality.

Type Rate (₹/sq.ft) Change %
Apartment 49,117 0.89
Price Trends by Project Status

Matunga East offers a range of property statuses to suit various buyer needs. Ready To Move properties are priced at ₹39,399 per sq ft, while Under Construction projects average ₹46,366 per sq ft. New Launch properties are available at ₹38,575 per sq ft, indicating different investment horizons and price points.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 84 39,583 0.9
Under Construction 10 46,366 2.11
New Launch 9 38,575 5.54
Price Trends by Localities

Within Matunga East, property rates vary across its sub-localities. Matunga itself commands an average rate of ₹48,957 per sq ft, closely followed by Matunga West at ₹48,971 per sq ft. Other areas like Wadala show a rate of ₹37,225 per sq ft, while Dadar East is priced at ₹46,180 per sq ft. These figures highlight the diverse pricing spectrum within the broader Matunga East region.

Location Rate (₹/sq.ft) Change %
Matunga 48,957 -0.3
Matunga West 48,971 -1.2
Vsnl Colony 37,760 -
Wadala 37,225 5.1
Sion West 31,746 -
Dadar East 46,180 -3.2
Sion East 29,827 4
Antop Hill 33,080 8.8
Wadala West 38,707 5.6
Shivaji Park 56,098 -1.5

Project and Developer Insights

Top Projects in Matunga East
JP Codename Matunga Origins is the top project in Matunga East with prices from ₹ 3.00 Cr to 4.32 Cr.
JP Codename Matunga Origins ₹ 3 Cr - ₹ 4.32 Cr
  • Mumbai South, Mumbai
Ekta Vistabella ₹ 3.61 Cr - ₹ 7.05 Cr
  • Mumbai South, Mumbai
LnT Island Cove ₹ 3.23 Cr - ₹ 6.62 Cr
  • Mumbai South, Mumbai
JP Codename Matunga Origins ₹ 3 Cr - ₹ 4.32 Cr
  • Mumbai South, Mumbai
K Raheja Sobo Residences Price On Request
  • Mumbai South, Mumbai
Godrej Trilogy ₹ 15.6 Cr - ₹ 26 Cr
  • Mumbai South, Mumbai
Piramal Mahalaxmi ₹ 5.5 Cr - ₹ 14.03 Cr
  • Mumbai South, Mumbai
Ekta Vistabella ₹ 3.61 Cr - ₹ 7.05 Cr
  • Mumbai South, Mumbai
Adityaraj Pride ₹ 1.14 Cr - ₹ 1.14 Cr
  • Mumbai South, Mumbai
Runwal Timeless ₹ 1.55 Cr - ₹ 3.4 Cr
  • Mumbai South, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential projects in Matunga East are setting high benchmarks for asking prices. Godrej Five Gardens leads with a rate of ₹70,387 per sq ft, followed by Rustomjee La Sonrisa at ₹60,321 per sq ft. Ikebana and Alliance Legacy also feature in the higher bracket, indicating a strong demand for luxury living.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Godrej Five Gardens 70,387 5.9
Rustomjee La Sonrisa 60,321 2.7
Ikebana 55,759 -
Alliance Legacy 55,556 54
Ekta Vistabella 55,003 -
Cmg Mont Blanc 54,272 52.3
Kalpataru Matru Ashish 53,807 -5.6
Raunak Ashirwad 51,956 9.8
Gurukul Chs Matunga 51,851 -
Happy Home Jade Solitaire 51,640 9.1
Project Name Current Price (₹/sq.ft) Sale Value Change %
Shantiniketan Apartments Matunga 37,235 ₹ 14.94 Cr -10.7
Indu Villa 35,956 ₹ 6.21 Cr -
Sugee Paavan 50,000 ₹ 5.7 Cr 8.1
Shree Nidhi Chs 37,752 ₹ 4.5 Cr -
Ram Kutir 36,205 ₹ 3.31 Cr -
View Villa 37,479 ₹ 2.41 Cr 0.1
Hubtown Harmony 42,084 ₹ 1.86 Cr 1.8
Satra Mahavir Ville 38,514 ₹ 1.25 Cr 5.5
Project Name Current Price (₹/sq.ft) Transactions Change %
Sugee Paavan 50,000 2 8.1
Shree Nidhi Chs 37,752 2 -
Shantiniketan Apartments Matunga 37,235 2 -10.7
Hubtown Harmony 42,084 1 1.8
Satra Mahavir Ville 38,514 1 5.5
View Villa 37,479 1 0.1
Ram Kutir 36,205 1 -
Indu Villa 35,956 1 -
Top Projects by Rental Rates

Among top rental projects, Kesar Horizon leads with a current rental rate of ₹160 per sq ft, followed by Gurukul CHS Matunga at ₹155 per sq ft. Earth Building shows a significant positive change of 32.76%, indicating growing rental demand in specific premium projects.

Project Name Rate (₹/sq.ft) Change %
Kesar Horizon 160 -
Gurukul Chs Matunga 155 -
Earth Building 154 32.76
Jp Hari Mangal Manor 153 -
Sahaj Anvaya 145 -
Saroj Apartment Matunga 141 -
Anand Chs Matunga 137 -2.84
Hubtown Heaven 137 -
Ikebana 137 4.58
Orchid Park 136 -
Top Developers in Mumbai
Lodha leads in Mumbai with 106 projects and 39 years of experience.
DLF
Lodha ₹ 67.27 L - ₹ 98.70 Cr
  • 106 Projects
  • 39 Years
DLF
Kalpataru ₹ 97.29 L - ₹ 71.98 Cr
  • 83 Projects
  • 50 Years
DLF
Rustomjee ₹ 25.75 L - ₹ 62.31 Cr
  • 68 Projects
  • 23 Years
DLF
Godrej ₹ 1.07 Cr - ₹ 87.92 Cr
  • 43 Projects
  • 29 Years
DLF
JP Infra ₹ 1.08 Cr - ₹ 7.57 Cr
  • 7 Projects
  • 13 Years
DLF
Ekta World ₹ 94.87 L - ₹ 21 Cr
  • 77 Projects
  • 31 Years
DLF
Hubtown ₹ 38.9 L - ₹ 75.54 Cr
  • 55 Projects
  • 33 Years
DLF
Damji Shamji Shah Group ₹ 42 L - ₹ 7.27 Cr
  • 48 Projects
DLF
Sugee ₹ 1.15 Cr - ₹ 47.20 Cr
  • 30 Projects
DLF
Tridhaatu Realty Infra Pvt Ltd ₹ 1.30 Cr - ₹ 14.65 Cr
  • 25 Projects
View More
Top Developers by Transaction Count

Premium residential projects in Matunga East are setting high benchmarks for asking prices. Godrej Five Gardens leads with a rate of ₹70,387 per sq ft, followed by Rustomjee La Sonrisa at ₹60,321 per sq ft. Ikebana and Alliance Legacy also feature in the higher bracket, indicating a strong demand for luxury living.

  • By Transaction
Developer Transactions
Rajasthan Construction Pvt Ltd 3
Goshar Alliance Llp 2
Sugee 2
Ojal Developers Llp 1
Hubtown 1
Alliance City Developers Realtors 1
Manilal Keshavlal Saraiya Trust 1
Satra Properties India Ltd 1
Gold Star Builders And Developers 1

Government Registration in Matunga East, Mumbai

  • Sales Transactions183
  • Gross Sales Value₹ 600 Cr
  • Registered Rate₹ 33,450 /sq.ft

Matunga East recorded 183 property registrations between May 25 and Apr 26, generating a gross value of ₹600 Cr with an average registered rate of ₹33,450 per sq ft. Rajasthan Construction Pvt Ltd and Goshar Alliance LLP were among the top developers by transaction volume. Sugee Paavan and Shree Nidhi CHS were the most transacted projects.

Recent Registered Transactions in Matunga East

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2026-03-02 Floor 13, Unit 1301 N/A 761 Sq.Ft. 🔒 🔒
2026-03-02 Floor 13, Unit 1302 N/A 884 Sq.Ft. 🔒 🔒
2026-02-28 Floor 10, Unit 1001 N/A 651 Sq.Ft. 🔒 🔒
2026-02-18 Floor 2, Unit 201 N/A 207 Sq.Ft. 🔒 🔒
2026-02-18 Floor 3, Unit 301 N/A 1030 Sq.Ft. 🔒 🔒
2026-01-29 Floor 1, Unit 102 N/A 805 Sq.Ft. 🔒 🔒
2026-01-29 Floor 7, Unit 701 A 922 Sq.Ft. 🔒 🔒
2026-01-22 Floor 17, Unit 1701 N/A 2004 Sq.Ft. 🔒 🔒
2026-01-16 Floor 14, Unit 1402 B 1371 Sq.Ft. 🔒 🔒
2026-01-05 Floor 14, Unit 1401 N/A 1980 Sq.Ft. 🔒 🔒

Property Rental Trends in Matunga East, Mumbai

Rental Trends by Unit Type

The rental market in Matunga East caters to a range of unit types, with Studio apartments averaging ₹36,667 per month and 1 BHK apartments at ₹57,967 per month. Larger units like 2 BHK command ₹1.22 Lakh per month, and 3 BHK apartments are priced at ₹2.51 Lakh per month, with 4 BHK units reaching ₹3 Lakh per month.

Unit Type Rate (₹)
Studio 36,667
1 Bhk 57,967
2 Bhk 1,21,828
3 Bhk 2,51,250
4 Bhk 3,00,000
Rental Trends by Nearby Localities

Rental rates within Matunga East vary by specific locality. Matunga West shows an average rental rate of ₹168 per sq ft, while Matunga itself is at ₹160 per sq ft. Dadar East averages ₹137 per sq ft, and Wadala is at ₹144 per sq ft, indicating diverse rental values across the micro-markets.

Locality Rate (₹/sq.ft) Change %
Ma Marg 153 -
Matunga 160 8.11
Gtb Nagar 92 -
Hindu Colony 113 -
Dosti Acres 110 3.77
Matunga West 168 0.6
Kasaravadi 231 -
Wadala 144 2.13
Sion West 118 -
Dadar East 137 4.58
Rental Trends by Property Type

Apartments are the dominant property type for rent in Matunga East, averaging ₹149 per sq ft with a notable year-on-year change of 11.19%.

Property Type Rate (₹/sq.ft) Change %
Apartment 149 11.19
Country/City
Popular Searches
Property Type
New Projects in Mumbai
Popular Locality Categories in Mumbai
By BHK
Budget
Popular Searches
Property Type
By BHK
Budget
By Occupant Type
For Buyers / Owners
For Tenants
For Agents
For Builders & Banks